Originally published on RenewEconomy. Australia is embarking on a radical transformation of its electricity system that will see solar PV transition from being “disruptive” technology to the “incumbent” technology, displacing coal and sparking a radical change in the way that electricity is provided. This is the assessment from Clean Energy … [continued]
Originally published on RenewEconomy. The rapid transformation of the electricity market – and the crucial role of household and commercial consumers – continue to confound the experts, including the energy market operator, which has announced yet another downgrade of its forecasts. AEMO (Australian Energy Market Operator) last week quietly released its … [continued]
Originally published on RenewEconomy. EnergyAustralia, one of the big three utilities in the country, has slumped to a loss of $350 million for calendar 2013 after slashing the value of its Yallourn brown coal generator, as well as some of its gas-fired generation assets. The write-down came as the company, … [continued]
Originally published on RenewEconomy. Leading investment bank Citigroup says Australian utilities will be impacted by the ‘energy Darwinism” that is currently sweeping the global electricity industries. And despite the opportunities that the transformation offers, incumbency is not likely to be an advantage and Australian utilities have a high risk that they … [continued]
Originally published on RenewEconomy. New analysis by the Australian Energy Market Operator has confirmed that the large amount of rooftop solar in South Australia helped shift the peak in demand during the recent heatwaves that affected the southern states. The analysis by AEMO compares how the electricity grid coped during … [continued]
Originally published on RenewEconomy. By Giles Parkinson. The cost of large-scale solar projects has fallen by one-third in the last five years and big solar now competes with wind energy in the solar-rich south-west of the United States, according to new research. The study by the Lawrence Berkeley National Laboratory … [continued]
